Property market figures up but supply is slower than 2015
The latest data from the Agency Express Property Activity Index has revealed month on month increases across the UK property market. New listing ‘For Sale’ rose by 23.3%, and properties ‘Sold’ rose by 37.6%. While this month’s figures remain stable, yearly figures show greater activity in the market during February 2015, where the supply of new listings was much higher, recording a robust 51.4%.
Commenting on the latest index results, Stephen Watson, Managing Director of Agency Express said:
February’s figures from the Agency Express Property Activity Index have reported favourably across the nation, and although activity is slower than a year ago the figures remain stable. As we move in to the next three months I am optimistic that we will see a continuation of consistent and stable figures. Beyond that we may see some fluctuation in the market as we enter the uncertainty of the Brexit months.
Click here to read the Agency Express Property Activity Index Report in full